Category Archives: Developing Stories
MSAIA Signs Hedge Fund Accounting Firm Decosimo
New York (HedgeCo.net) – Accounting and financial advisory firm, Decosimo Certified Public Accountants (Decosimo), has signed on as the first strategic partner for the MidSouth Alternative Investment Association (MSAIA), a knowledge-based, networking organization connecting alternative investment professionals in the MidSouth through […]
Hedge Fund Alert: The New Tax Act
Holland & Knight Alert on the New Tax Act Hedge fund law specialists, Holland & Knight said that the estate, gift and generation skipping transfer tax provisions of the new tax act are of major interest. These changes will require […]
Pay Survey Among Hedge Funds Predicts Consolidation
New York (HedgeCo.net) – Based on a 2010 survey and research series in the U.S. and Europe of human capital and pay practices in over 150 firms, three consultant firms MM&K (Europe Private Equity and Hedge Funds), Holt (U.S. Private […]
People Moves: Hedge Fund Highbridge Hires BlackRock’s Mark D’ Andrea
New York (HedgeCo.net) – Hedge fund Highbridge Capital Management announced that Mark D’Andrea will join the firm as Head of Global Institutional Business Development effective January 3, 2011. D’Andrea will be based in New York, responsible for leading the firm’s institutional […]
Trustee Seeks $9 Billion For Defendants In Madoff’s Hedge Fund Scam Case
New York (HedgeCo.net) – A Trustee for the liquidation of Bernard L. Madoff’s Investment Securities, Irving H. Picard, has filed a complaint in NY Bankruptcy Court alleging 24 counts of financial fraud and misconduct against HSBC. “All of the defendants […]
Hedge Fund Short Selling: Bloomberg Television Interview with Paolo Pellegrini
New York (HedgeCo.net) – Bloomberg Television’s Jon Erlichman spoke to Paolo Pellegrini, who formerly worked with hedge fund titan John Paulson. Pelligrini says that bonds are trading at ridiculous levels and talks about what he has been concerned about most […]
Two Hedge Fund Managers Under Investigation In Oregon
New York (HedgeCo.net) – Oregon securities regulators are looking into two Portland hedge funds, Grifphon Asset Management and Sasquatch Capital, after investors reported problems with withdrawls, OregonLive.com reported. The Oregon Division of Finance and Corporate Securities is investigating the two managers, […]
Arrest Made After Hedge Fund Raid
New York (HedgeCo.net) – The SEC has charged an employee of a California research firm with helping a hedge fund get results from a Taiwan telecom company before the revenue was made public, according to the Los Angeles Times. Bloomberg reports that […]
ComplianceAlert: Hedge Fund Advisers
New York (HedgeCo.net) – The SEC has finished voting on key proposals to the Dodd-Frank Act, according to regulatory compliance consulting firm, FrontLine Compliance, LLC. Specific to Title IV of Dodd-Frank, the proposals include mandatory registration of advisers to hedge funds and […]
Hedge Fund Analysts Predict More Raids and Subpoenas
New York (HedgeCo.net) – On Monday, government agents raided three large hedge funds, seizing documents from the offices of Level Global Investors, Diamondback Capital Management, and Loch Capital Management. Former president of the National Association of Criminal Defense Lawyers, Gerald […]
Hedge Fund Raids Causes Over $15 Billion In Losses, Puts Wall Street Back In The Spotlight
New York (HedgeCo.net) – The FBI raided the offices of three hedge funds, Connecticut-based Diamondback Capital Management, Level Global Investors and Boston-based Loch Capital Management. The FBI said the raids took place under executed court-ordered search warrants, according to NPR News. […]
People Moves: Merihan Tadrous Joins Hedge Fund Insparo Asset Management
New York (HedgeCo.net) – Merihan Tadrous has been appointed Operations Analyst at emerging markets hedge fund Insparo Asset Management. She will work closely with COO Jon Laidlow and Finance & Operations Manager James Gore in the day-to-day operations management of […]